Leighton Holdings
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| Type | Public (ASX: LEI) |
|---|---|
| Industry | Construction, Civil engineering |
| Founded | 1949 |
| Headquarters | St Leonards, New South Wales, Australia |
| Key people | Stephan Johns, Chairman Tyrwhitt Hamish, CEO |
| Revenue | A $19,377 million (2011) |
| Operating income | A $331.3 million (2011) |
| Net income | A $408.8 million (2011) |
| Website | www.leighton.com.au |
Leighton Holdings (ASX: LEI) is a leading international contractor.[1] It is active in the telecommunications, engineering and infrastructure, building and property, mining and resources, and environmental services industries. It has operations in Australia, South East Asia, New Zealand, Vietnam, China and the Middle East.
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[edit] History
Founded in 1949 by Stanley Leighton, an Englishman, Leighton Holdings was first listed on the Melbourne Stock Exchange in 1962. It established an operation in Asia, known as Leighton Asia in 1975.
[edit] Operations
[edit] Leighton Contractors
Leighton Contractors is the core contracting business around which the rest of the structure of the Leighton Group has been formed.
[edit] John Holland Group
Leighton Holdings owns John Holland Group, another Australian construction group. Founded in 1949 by John Holland (later Sir John Holland),[2] this entity built Parliament House in Canberra, a structure completed in 1988.[3] It has recently been awarded the contract to expand Melbourne Airport.[4] The holding in John Holland was acquired in two stages: an initial 70% in 2000 and an extra 29% in 2004. The final 1% was finalised in December 2007. John Holland Group holds an investment in the Asia Pacific Transport Consortium.
The John Holland Group owns 20% of Metro Trains Melbourne, the consortium has been running Melbourne's suburban railway network since 30 November 2009.
[edit] Thiess
Leighton Holdings also owns Thiess, an Australian integrated construction, mining and services provider. Originating in Queensland in 1934, Thiess became a part of the Leighton Group in 1983 when Hochtief first bought shares in Leighton.
[edit] Leighton Middle East and Africa
The business owns a 45% share in the Al Habtoor Leighton Group, one of the leading construction groups in the Middle East.
[edit] Leighton Asia / India
The business operates in India, Sri Lanka, Malaysia, Indonesia, Singapore and Brunei.
[edit] Leighton Properties
The business is a property development company in commercial, residential and mixed-use precincts, established in 1972 and operating in Australia.
[edit] Major projects
Major projects undertaken by Leighton Holdings include the Ross River Dam completed in 1971,[5] the Anglo-Australian Observatory completed in 1971,[5] the Burdekin Dam completed in 1987,[5] Brisbane Airport completed in 1988,[5] the ABC Centre in Ultimo completed in 1991,[5] the Clem Jones Tunnel completed in 2010,[6] the Gateway Bridge Duplication due to be completed in 2011,[7] and the Airport Link in Brisbane which is to be opened in 2012.[8]
[edit] Ownership
About 55% of the shares in Leighton Holdings are held by Hochtief.[9]
[edit] References
- ^ Leighton Holdings Website
- ^ Bright sparks biography
- ^ Project Team reunion
- ^ Runway contract confirms Melbourne as Australia's first A380 ready city
- ^ a b c d e Leighton Holdings History
- ^ The Cle Jones Tunnel - An engineering feat
- ^ Leighton Abigroup to build Brisbane's Gateway Bridge Earthmover & civil contractor, October 2006
- ^ Leighton, Macquarie win contract to build Brisbane airport link Herald Sun, 19 May 2008
- ^ Financial report
